In the interest of full disclosure, the Company hereby discloses the following non-public information:
On November 15, 2016, the Company approved the signing of a non-binding Letter of Intent (LOI) for the acquisition of all assets, trade secrets, intellectual property, and proprietary information of Patriot Bioenergy Corporation, a Kentucky corporation (Patriot). On December 6, 2016, the Company and Patriot signed a revised LOI replacing the non-binding language with binding language. If after a period of due diligence all terms and conditions are agreed and conditions to Closing are met, definitive agreements would be executed. If Closing occurs as anticipated, these transactions would be dilutive to existing shareholders. No assurance can be had that the above tran sactions will be satisfactorily concluded. If these transactions are in fact concluded, the acquisitions will be reported in a report on Form 8-K.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
REAL ESTATE CONTACTS, INC.
December 6, 2016
/s/ Robert DeAngelis
Chief Executive Officer
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